Brief by Shorts91 Newsdesk / 03:20pm on 05 Feb 2026,Thursday India Global
India's Ministry of External Affairs clarified its energy import stance after US President Donald Trump claimed India would shift crude oil sourcing from Russia to Venezuela following their bilateral trade deal. MEA spokesperson Randhir Jaiswal stated, "Venezuela has been a longstanding partner for India," emphasizing energy security needs guide New Delhi's decisions. India imported Venezuelan oil until 2019-20, resumed in 2023-24, but stopped after Trump imposed 25% tariffs on countries buying Venezuelan crude. Jaiswal added India remains "open to exploring commercial merits of any crude supply, including from Venezuela," while maintaining diversified sourcing aligned with market conditions. Trump claimed India agreed to stop Russian oil purchases, helping "END THE WAR in Ukraine."
